The Toronto Raptors announced Friday they have acquired two first-round draft picks and a trade exception from the Miami Heat in exchange for forward Chris Bosh. The Raptors facilitated a sign-and-trade with Bosh.

"We all just witnessed an unprecedented moment in professional sports as these three young stars have joined forces in an attempt to completely transform this league. We are certainly sorry to see Chris leave, but we are planning to use these acquired
assets to retool our roster and evolve as an organization," said Raptors President and General Manager Bryan Colangelo.

The Raptors reacquired their own 2011 first-round pick originally sent to the Heat on February 13, 2009 (trade of Jermaine O'Neal and Jamario Moon for Shawn Marion and Marcus Banks) and Miami's 2011 first-round draft choice (lottery protected).

Bosh was selected fourth overall by Toronto in the 2003 NBA Draft. He has career averages of 20.2 points, 9.4 rebounds, 1.2 blocks and 37.0 minutes in 509 games, including 497 starts. He is the all-time franchise leader in points (10,275), total rebounds (4,776), offensive rebounds (1,369), defensive rebounds (3,407), free throws made (2,997), blocks (600), minutes (19,813), games started (497) and double-doubles (239).